Business & Money | Tuesday 13 May, 2025 1:39 pm

Aldar sells 'Mamsha Gardens' building to 'GAW Capital Partners' for AED586 million

Aldar Properties has completed the sale of a residential building at Mamsha Gardens to Hong Kong-based real estate private equity firm GAW Capital Partners for AED586 million. Marking GAW Capital’s first investment in the UAE, the transaction underscores the growing international appeal of...

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Business & Money | Tuesday 13 May, 2025 1:36 pm

Dubai Chambers showcases investment opportunities to 20 Kazakh companies

Dubai Chambers recently welcomed a delegation of companies from Kazakhstan led by Nursultan Shokanov, Chairman of the Regional Council of the Chamber of Entrepreneurs of Almaty, to its headquarters. The delegation was briefed on Dubai’s competitive advantages, wide-ranging investment...

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Business & Money | Tuesday 13 May, 2025 1:34 pm

Data proves Vision 2030 made KSA reliable investment hub: Al Suhaimi

Saudi Arabia’s Vision 2030 transformed the country into a reliable investment destination, a fact clearly supported by the numbers, said Sarah Al Suhaimi, Chairperson of Saudi Tadawul Group Holding Co. Speaking at the Saudi-US Investment Forum, Al Suhaimi said this progress came through the...

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Business & Money | Tuesday 13 May, 2025 1:31 pm

Saudi Arabia transforms into attractive investment destination: BlackRock CEO

Larry Fink, CEO of BlackRock Inc., said Saudi Arabia has become an important global hub for attracting investments, transitioning from a capital-exporting economy into a capital-importing destination. Speaking at a panel discussion at the Saudi-US Investment Forum, Fink said that expanding the ...

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Business & Money | Tuesday 13 May, 2025 1:26 pm

Lucid CEO: Major collaboration with PIF to train Saudi talents

Mark Winterhoff, Acting CEO of Lucid Motors, said that substantial efforts are being made in collaboration with the Public Investment Fund (PIF) to train and develop national talents. These efforts include joint programs that involve preparing Saudi nationals to work in local manufacturing...

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Business & Money | Tuesday 13 May, 2025 1:23 pm

Saudi-US Investment Forum 2025 kicks off today in Riyadh

The Saudi–US Investment Forum 2025 kicked off today, May 13, in Riyadh, bringing business leaders together to explore new opportunities that further strengthen the partnership between the two nations. The forum is being held on the occasion of US President Donald Trump's visit to Saudi...

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Business & Money | Tuesday 13 May, 2025 1:22 pm

Al-Falih says rapid global changes support stronger Saudi-US ties

Saudi Arabia’s Minister of Investment, Khalid Al-Falih, said that rapid global transformations, economic fluctuations, and technological advancements currently taking place are reshaping the international economic landscape. Speaking at the opening of the Saudi-US Investment Forum, Al-Falih...

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Business & Money | Tuesday 13 May, 2025 11:44 am

The Saudi Food Show 2025, the Kingdom’s leading F&B event, gets underway

H.E Dr. Abdullah Abdulaziz Al-Rabeeah, Advisor to the Royal Court Supervisor General of King Salman Humanitarian Aid and Relief Centre, inaugurated the opening of the Saudi Food Show 2025 exhibition today (Monday) at the Riyadh International Convention and Exhibition Centre in Riyadh Front. He was...

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Tourism & Hospitality | Monday 12 May, 2025 11:45 am

The Land of Legends Opens 2025 Season for A Legendary Family Summer in Antalya

As Türkiye’s tourism industry enters a record-setting year, The Land of Legends opens its 2025 summer season with new family-oriented offerings in Antalya. Prioritizing experiences over traditional holiday packages, the resort blends themed entertainment, accommodation, and retail into one...

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Business & Money | Monday 12 May, 2025 11:40 am

Aramco debt level ‘very low’; 3M bpd surplus capacity: Exec

Saudi Arabian Oil Co.’s (Saudi Aramco) debt level at 5.3% is the lowest among the five major global oil firms, Ziad Al-Murshed, Executive Vice President and CFO, told Al-Ekhbariya TV. The low debt level further strengthens Aramco’s financial flexibility, boosts its ability to execute its...

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